EFCC Recovers $445,000, N3 Billion in Ongoing Probe of Humanitarian Affairs Ministry

The Economic and Financial Crimes Commission (EFCC) has announced a significant breakthrough in its ongoing investigation into financial misappropriation within the Ministry of Humanitarian Affairs.

EFCC spokesman Dele Oyewale said the commission has freshly recovered $445,000 and N3 billion between March and April. This adds to the N30 billion earlier recovered before March, as referenced by EFCC Chairman Olu Olukoyede in a recent interview.

Oyewale clarified that the N30 billion mentioned by the chairman in mid-March was the amount recovered up to that point.

Since then, the EFCC has recovered an additional N2.7 billion and $445,000 in connection with the probe.

The investigation was launched on the directive of President Bola Tinubu following the suspension of the Minister of Humanitarian Affairs, Dr. Beta Edu. Edu’s predecessor, Sadiya Umar-Farouq, and the National Social Insurance Programmes Agency Coordinator, Halima Shehu, are also under scrutiny.

In a statement titled “Beta Edu and other Matters: For the Purpose of Clarity,” Oyewale emphasised that no officials from the Ministry of Humanitarian Affairs have been cleared in the ongoing investigations.

The EFCC has uncovered fraudulent dealings related to COVID-19 funds, World Bank loans, and Abacha loot.

Banks implicated in the fraud are under investigation, with managing directors providing useful statements.

Read: Bayer Leverkusen win first Bundesliga title after 120-years

About The Author

Oluwasegun Sanusi

subscriber

See author's posts